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Lenovo Stock Doubles in May on AI Server Boom—Best Month in 27 Years

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Decrypt Editorial
(07:34 PM UTC)
1 min read
EW
Updated byEmily Watson
1052 views
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In brief

  • Lenovo gained 109% in May 2026—its biggest monthly rally since 1999.
  • The announcement happens after Q4 revenue hit a record $21.6 billion, up 27% year-on-year, with net profit surging 479% to $521 million.
  • AI-related revenue grew 84% year-on-year to make up 38% of Lenovo's total quarterly sales, driven by its Infrastructure Solutions Group, which posted record quarterly revenue of $5.6…

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